Audited Financial Results

Pat NegativeResults RestatedNegative Operating CashflowContingent Liabilities IncreasedResults View source PDF

DHRUV · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-0.6%1-day move

₹30.00

prior close

₹29.70

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0+0.3+0.3+0.3-0.6-5.5-6.3-7.3-3.6-8.3-11.5-5.5——

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AI summary

Dhruv Consultancy Services reported a massive turnaround to loss in FY26 with net loss of Rs. 2,842.12 lakhs versus profit of Rs. 695.03 lakhs in FY25. Revenue from operations collapsed to Rs. 4,290.40 lakhs from Rs. 10,196.47 lakhs, a decline of about 58%. The sharp revenue drop was caused by a Rs. 2,553 lakh downward revision in revenue recognized on project management contracts due to revised cost estimates, reassessment of project completion stages, and customer policy changes. The company also reported negative operating cash flow of Rs. 344.35 lakhs. An unmodified audit opinion was issued by S.N. Karani & Co. The NHAI debarment case remains under interim stay by Madras High Court. The company reappointed S.M. Kulkarni and Co. as internal auditors for FY27.

Likely market impact

The company has swung from profit to significant loss due to revenue restatement and contract reassessments. Negative operating cash flow and ongoing NHAI legal proceedings add to concerns. The clean audit opinion provides some comfort, but investors should watch for recovery in project execution and cash generation.